The course aims to provide lawyers with a sound understanding of the principles of taxation in relation to income tax. The course considers the provisions of the Income Tax Assessment Acts of 1936 and 1997 and gives emphasis to the fundamental common law principles and statutory provisions that underlie the concepts of assessable income and allowable deductions, particularly as they apply to personal income and business affairs. The course provides an in-depth analysis of the statutory provisions - Capital Gains Tax and Fringe Benefits Tax. The course also provides an understanding of the jurisdictional issues of residence and source of income which are fundamental to all Australia's international provisions. While the course does not specifically analyse the Goods and Services Tax Act 2000 (GST), the impact of GST is considered in relation to areas of taxation law that are addressed in this course.

Students undertaking the course will further develop their legal skills in reading, understanding and applying complex and dynamic legislation, case materials and taxation rulings. This involves development of the student's ability to analyse legal problems and to express ideas in a precise manner.